* A “memorable week” before for the Fed and other central banks
* fed is not defined claim victory over inflation
* Positive Q2 earnings surprises for S&P 500 companies consistent with recent averages
* The decade-long rally in U.S. home prices could end: Professor Robert Shiller
* Eurozone economy contracts at the highest rate in 8 months in July via the PMI survey
* Is the regional banking crisis over? Investors think so:
International investment firms have repeatedly downgraded China’s economic outlook in recent months, CNBC reports. JPMorgan announced the most recent cut, to 5%, from 5.5% previously. “The average forecast among six companies surveyed by CNBC now stands at 5.1%, close to the ‘around 5%’ target announced by Beijing in March.”